70Chip
03-02-2009, 11:31 PM
Updated List: Dow 7223 on 3/13/2008
jsarno: 6000
Schneed10: 6000
Mattyk72: 6000
SmootSmack: 5800
over the mountain: 5800
firstdown: 5700
djnemo65: 5500
GMScud: 5100
redskinjim: 5000
Saden1: 5000 (not out of the question)
CRedskinsRule: 4950
FRPLG: 4900
Slingin Sammy 33: 4800
GTripp0012: 4740
Miller101: 4000
Buster: 3500
70Chip: 3499
Chimpy: 1800
That Guy: < 0 (possibly)
Slingin Sammy 33
03-03-2009, 08:08 AM
and from the bastion of conservatism (sarcasm) USA Today:
Stocks fall to lowest level since 1997 as Dow drops below 6,800 - USATODAY.com (http://www.usatoday.com/money/markets/2009-03-02-stocks-monday_N.htm)
from the article: "It's a bloodbath, pure and simple," says Scott Black, president and portfolio manager at Delphi Management. "This is a vote of no confidence in the Obama administration. It doesn't matter what you own, everything is going down. It is a total capitulation. People are just terrorized and are throwing in the towel."
Trample the Elderly
03-03-2009, 08:14 AM
I wish I had money to invest right now. I'd buy Ford and General Electric. GE was at 7$ bucks a share. If they do turn around some people are going to make a lot of money.
Smart people make money in a down economy. I just wish I was smarter at this type of thing.
AIG is doing a great job at dragging the market down right now.
redskinjim
03-03-2009, 09:27 AM
5000 you heard it on bloomberg last week!!
firstdown
03-03-2009, 09:36 AM
How low will it go? It depends on how many more times Obama speaks in public.
saden1
03-03-2009, 09:45 AM
and from the bastion of conservatism (sarcasm) USA Today:
Stocks fall to lowest level since 1997 as Dow drops below 6,800 - USATODAY.com (http://www.usatoday.com/money/markets/2009-03-02-stocks-monday_N.htm)
from the article: "It's a bloodbath, pure and simple," says Scott Black, president and portfolio manager at Delphi Management. "This is a vote of no confidence in the Obama administration. It doesn't matter what you own, everything is going down. It is a total capitulation. People are just terrorized and are throwing in the towel."
I have an asshole too and I am capable of taking a dump. The good news is Mr. Black won't pay just 15% capital gains tax on his income, and Delphi Management will be regulated and their investments portfolio will become transparent.
Haters are out in full force, Lord Obama warned us about people like Mr. Black.
I know they're gearing up for a fight as we speak. My message to them is this: So am I.
CRedskinsRule
03-03-2009, 09:46 AM
I am pretty sure 0 is the lowest, but let's hope everyone/someone/anyone gets a clue before than
That Guy
03-03-2009, 09:48 AM
can't go past 0... or can it?
saden1
03-03-2009, 09:49 AM
The real question is how low will it stay and for how long? At this point 5000 is not out of the question.